One of the outcomes of the recent federal healthcare legislation is the development of Accountable Care Organizations (ACOs). An ACO is a local health care organization (often a health care system) and a related set of physicians, specialists and hospitals that are held accountable for the cost and quality of care delivered to a defined population. In short, an ACO brings doctors, nurses, hospitals and other providers together to share responsibility for keeping patients healthy and improving cost, quality, and patient satisfaction.
